We all know hindsight is 20/20. Unfortunately, most first-time home buyers don’t have the luxury of knowing just how the home buying process plays out. However, one first-time home buyer’s mistake is another first-time home buyer’s lesson. The real estate agents at Team Rita gathered nine of the most common rookie mistakes first-timers make so […]
In the market for a new home on Long Island? One of the first moves to make is landing on the right house style. The right style for your next home hinges on your unique needs, your personal taste, and your budget. And with a little history on the eight most popular house styles on […]
A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. Normally, there’s a simple formula to determine the future price of any item: calculate the supply of […]
With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new […]
With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it’s logical to ask that question. Many of us experienced financial hardships, lost homes, and were out of work during the […]
If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload […]
The economy. Millennials. Housing inventory. Mortgage rates. Bidding wars. Climate change. Recession. There is plenty on the horizon for the housing market in the first year of the new decade—including lots of good news for buyers and sellers. Thinking of buying or selling in the next year or two? Team Rita is here with our […]
The holidays are a time for jam-packing our busy schedules, stocking up on gifts, and bundling up beneath our overcoats, hats, gloves, and scarves. However, the most wonderful time of year for family, festivities, and frigid-weather fun is also considered one of the worst times of year to put a house on the market. Despite […]
You don’t have to be a first-time home buyer to host your first Thanksgiving. (Actually, you could own a home for a decade or more before you muster the courage to tackle the notorious and intimidating undertaking known formally as Thanksgiving dinner.) New to the game but up for the challenge? Follow our homeowner’s guide […]
Sellers on Long Island and across the country are no strangers to the plodding residential real estate market. However, before you count the market down and out, consider four recent reports showing signs that home sales are on the verge of a rebound. 1. Existing-home sales (closed sales) are up, marking two consecutive months of […]
